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Question
If the required reserve ratio is one-third, currency in circulation is $300 billion, checkable deposits are $900 billion, and there is no excess reserve, then the monetary base isa. $300 billion.
b. $600 billion.
c. $333 billion.
d. $667 billion.
Answer
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Related questions
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B. rapidly growing money supplies.
C. falling money supplies.
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A. consumption function
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Q:
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